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Tech BizSolutions GovCalc System

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Numbered Chart of Accounts. Segregates direct costs from indirect costs ... Numbered Chart of Accounts, Direct Expenses (COGS), Indirect Expenses, 'Unallowables' ... – PowerPoint PPT presentation

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Title: Tech BizSolutions GovCalc System


1
Tech BizSolutions GovCalc System
  • Solution Introduction


2/16/08 Dave Donley, VP Marketing, 303-443-4440,
ddonley_at_techbizsolutions.com
2
Solving Customer Needs
  • What are the critical needs or painpoints of
    your typical customer?
  • Certain government contracts require an
    approved accounting system. Lucrative
    opportunities can be missed without this
    capability.
  • For a solution to be considered and purchased by
    a customer, what are the key requirements/characte
    ristics that solution must offer?
  • The most critical issue is passing a DCAA
    audit. After that, affordability and ease of use
    are also factors. Integrating with existing
    payroll methods and converting other business
    processes, such as timekeeping, are additional
    concerns.

3
Target Customer Profile
  • Business Types/Top Industries
  • We sell mostly to government contractors or grant
    recipients. Our system can also be adapted to
    engineering, architectural, and construction
    firms anyone needing a strong job/project cost
    capability.
  • Business Size (employees, annual revenue)
  • We serve startups through mature, medium sized
    firms. We have yet to exceed the capabilities of
    QuickBooks and our GovCalc system
  • Organizational Characteristics
  • We serve a variety of organizations nationwide
    with one or multiple locations (including
    Canada). We serve government contractors with
    contracts, grants, subcontracts with primes, and
    time material contracts.

4
Target Customer Profile
  • What are the current, typical business management
    solutions used to address the pain points?
  • Many attempt to design their own accounting
    system to government requirements. Many also
    engage CPAs to do this for them. Others rely on
    advice from government auditors on how to set up
    an approved accounting system. The Tech
    BizSolutions GovCalc system has already done the
    brain damage to design an approved accounting
    system compatible with QuickBooks.

5
Solution Overview
  • Key Features Functionality
  • Numbered Chart of Accounts
  • Segregates direct costs from indirect costs
  • Segregates direct cost by job and element
  • Pools indirect costs supporting multiple indirect
    rate structures
  • Identifies and segregates "unallowable" costs
  • Uses QB's payroll module to efficiently
    distribute labor
  • Special Job cost reports
  • Special Export reports
  • Competitive Advantages Brand Attributes
  • DCAA compliant system and documentation
  • Flexible indirect rate structure
  • Revenue calculation by job
  • Fast, friendly, competent product and management
    support
  • Affordable products and services

6
Solution Overview
  • QuickBooks Integration Overview
  • The GovCalc system integrates with all QuickBooks
    versions, except the on-line version.
  • Users input accounting data in accordance with
    methods described in the GovCalc accounting
    manual
  • Data is exported out of QuickBooks to a MS Excel
    calculation engine to produce these critical
    reports a) Job cost journal, b) indirect rate
    calculations
  • End-User Pricing
  • Option 1 Purchase the QuickBooks GovCalc
    Template for 299. Input accounting data per the
    manual, then send to Tech BizSolutions to process
    300 service fee.
  • Option2 Purchase the entire system for 1899
    and get 4 free hours of training on how to
    operate.

7
Solution Demonstration
Numbered Chart of Accounts, Direct Expenses
(COGS), Indirect Expenses, Unallowables
8
Solution Demonstration
  • Configured Lists (Item, payroll item,
    Customerjob)

9
Solution Demonstration
  • Innovative labor distribution method using
    timekeeping and payroll module

10
Solution Demonstration
  • PL segregated by direct and indirect expenses

11
Solution Demonstration
  • Job Cost Report

12
Solution Demonstration
  • Export Reports (Jobs, PL)

13
Solution Demonstration
  • Export PL, Job costs reports to GovCalc Excel
    file

14
Solution Demonstration
  • Job Cost Journal Report

15
Solution Demonstration
Rate Calculations
16
Resources Available
  • Tech BizSolutions provides a variety of ways to
    help clients make an informed decision about
    converting their accounting system to be DCAA
    compliant
  • Free initial consultation with a government
    contract accounting expert
  • Free online demo contact ddonley_at_techbizsolution
    s.com
  • Online chat support through www.techbizsolutions.
    com
  • Free sample financial reports
  • Free documentation for selected DCAA issues
  • Case study
  • Customer referrals

17
Recap
The Tech BizSolutions GovCalc system converts
QuickBooks accounting software to be compliant
with DCAA and other government accounting rules.
The GovCalc QuickBooks template organizes and
segregates accounting data in a manner compliant
with government regulations. The GovCalc add-on
to QuickBooks produces a job cost journal and
indirect rate report critical for a government
approved accounting system. QuickBooks
combined with the Tech BizSolutions GovCalc
system are the most affordable, easiest to use,
government compliant accounting system on the
market.
18
Key Contacts
  • Marketing, sales, technical support
  • David Donley, VP Marketing, 303-443-4440,
    ddonley_at_techbizsolutions.com
  • www.techbizsolutions.com
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